Barack Hussein Obama Tells Small Banks NOT To Loan To Anyone.

http://www.latimes.com/business/la-fi-obama-bankers23-2009dec23,0,5054368.story
Obama urges community bankers to step up lending

Barack Hussein Obama recently held a meeting with banks that are too small to care about (as opposed to the too big to fail banks which got bailed out), and asked the small banks to increase their lending.

Fortunately, everybody at the meeting knew Barack Hussein Obama really didn't want this to happen, as it would have a beneficial effect on the economy. And fortunately, banking regulators have changed the rules under which banks operate, which prevent any existing banks from lending to anyone for the foreseeable future. The rules changes require that all banks need larger reserves on hand. It is not possible to increase bank reserves by loaning out the reserves. Unlike the federal government which can simply lie about what they are doing, banks are held to a higher level of honesty. Unlike the federal government which can print money when they run short, small banks are not allowed to do that.

So there you have it. Barack Hussein Obama asking bankers to make new loans that the new federal regulations prevent them from doing. Is it any wonder that the economy is not improving?